Brad Hu, who currently heads the bank's risk management operations in the Asia-Pacific region, will take on the role of chief risk officer, reporting to Mr. Leach.
That complacency also caused JPMorgan Chase to lose ground, even as large rivals overhauled their risk management operations as a result of the crisis.
The insurance and risk management operations were essentially sound and well-run, and from everything I know they still are.
Fitch accounts for 85.1% of Fimalac sales, with the rest coming from Algorithmics, a Toronto-based risk-management operation.
JPMorgan spokesman Joe Evangelisti has described this desk as purely a risk-management operation, not a profit center.
Mr. Thain took control of Merrill's gigantic trading and risk-management operations, saying that his mortgage expertise would help him solve the firm's problems.
The Other segment includes the activities of the Bank's various corporate support sectors, mainly treasury, credit, finance, risk management, technology, operations, corporate affairs and human resources.
Mr. Riley will be responsible for treasury, accounting, information technology, risk management and auditing operations.
The risk monitoring system can be used to assist safety engineers and plant operators in their maintenance management and daily operation risk management at NPPs.
The Risk Management and Shared Services segment includes corporate risk management, finance, treasury, facilities management, operations and technology functions.
"The public need to know that job losses on this scale will impact specifically directly on flood risk management, on flood defence operations teams managing flood defences and carrying out river maintenance to enables flows to be conveyed away, enhancing the river's ecology and supporting fish stocks.
